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Groundnut oil edges up on demand from retailers

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Press Trust of India New Delhi
Groundnut oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market today due to pick up in retailers demand.

However, other edible and non-edible oils moved in a tight range in limited deals and settled around previous levels.

Traders said scattered demand from retailers against restricted supplies from producing regions mainly helped groundnut oil prices to trade higher.

In the national capital, groundnut mill delivery (Gujarat) oil moved up by Rs 50 to Rs 8,650 per quintal. Groundnut solvent refined also edged up by Rs 25 to Rs 1,575-1,625 per tin.

Following are today's quotations (in Rs per quintal):
 

Oilseeds: Mustardseed Rs 2,950-3,050 and Groundnutseed Rs 2,150-2,900. Vanaspati Ghee (15-litre tin) Rs 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) Rs 8,650, Groundnut Solvent Refined (per tin) Rs 1,575-1,625, Mustard expeller (Dadri) Rs 7,100, Mustard Pakki Ghani (per tin) Rs 1,200-1,250, Mustard Kachi Ghani (per tin) Rs 1,250-1,350, sesame mill delivery Rs 7,900, Soyabean Refined Mill Delivery (Indore) Rs 6,600, Soyabean Degum (Kandla) Rs 6,300, Crude Palm Oil (Ex-Kandla) Rs 4,250, Cottonseed Mill Delivery (Haryana) Rs 5,550, Palmolein (RBD) Rs 5,500, Palmolein (Kandla) Rs 5,400 and Coconut (per tin) Rs 2,375-2,425.

Non-edible oils: Linseed Rs 8,200, Castor Rs 9,800-9,900, Neem Rs 5,350-5,450.

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First Published: May 06 2015 | 2:48 PM IST

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